NOT LISTED FOR SALE

7343 E New Philadelphia Rd Salem, IN 47167

Estimated Value: $249,000 - $375,000

4 Beds
2 Baths
2,500 Sq Ft
$122/Sq Ft Est. Value

Last Sold May 31, 2018

Last sale price $199,900 $80 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $2,033/month

1 Day on Market

Highlights

  • Scenic Views
  • River Nearby
  • Wooded Lot
  • Open Floorplan
  • Secluded Lot
  • Pole Barn

About This Home

As of May 2018

Country Living and Country Charm on almost 3 acres!! This home is set back from the road and is absolutely stunning as seen in the pictures. Beautiful Cape Cod style home, featuring 4 Bedrooms and 2 full bathrooms with wrap around porch perfect for relaxing!! There is also an enclosed porch out back that overlooks the peace and serenity of the woods!! The kitchen includes all stainless steel appliances and tons of cabinet space. Light and fresh, the neutral paint throughout means it's move-in ready!! The 2nd level hosts a 4th bedroom and a huge bonus room at 60x14 with separate heating unit, perfect flex space!! This property also includes 2 outbuildings, a 24x40 garage with lean to and attached carport and a 2nd 24x40 building with workshop area. Landscaping has been beautifully maintained and gated drive creates even more privacy. This home meets everything you look for in country living!!
Buyer or buyer's agent should verify school district, taxes, exemptions, restrictions & measurements/sqft.

Last Agent to Sell the Property

Laura Watkins

Watkins Real Estate Solutions License #RB17001885 Listed on: 04/17/2018

Co-Listed By

Eric Watkins

Watkins Real Estate Solutions License #RB14028788

Last Buyer's Agent

Chris Thompson

Keller Williams Realty Consultants License #RB14043300

Keller Williams Realty Consultants

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,333

Year Built

  • Built in 2005

Lot Details

  • 2.66 Acre Lot
  • Gated Home
  • Landscaped
  • Secluded Lot
  • Wooded Lot

Parking

  • 2 Car Detached Garage

Property Views

  • Scenic Vista
  • Park or Greenbelt

Home Design

  • Block Foundation
  • Vinyl Siding
  • Modular or Manufactured Materials

Interior Spaces

  • 2,500 Sq Ft Home
  • 1.5-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Electric Fireplace
  • Thermal Windows
  • Blinds
  • Formal Dining Room
  • Bonus Room
  • Home Security System

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms
  • Garden Bath

Basement

  • Sump Pump
  • Crawl Space

Outdoor Features

  • River Nearby
  • Enclosed patio or porch
  • Pole Barn

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Power Generator
  • Electric Water Heater
  • On Site Septic
  • Satellite Dish

Listing and Financial Details

  • Assessor Parcel Number 882509000026002004

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,333

Year Built

Built in 2005

Lot Details

0

Parking

2

Listing Details

  • Improvements: 119800
  • Annual Tax: 1333
  • Appointment: Mandatory
  • Construction: Modular
  • Foundation: Concrete Block
  • Land Assessment: 26600
  • Legal Description: 12-09-400-026.000-02 PT SE SW 9-2-5 2.66AC
  • Numof Fireplaces: 1
  • Out Buildings: Garage, Pole Barn
  • Parcel Number: 882509000026002004
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Total: 146400
  • Total Deduction Amnt: 74400
  • Total Finished Square Footage: 2500
  • Type: 1.5 Story
  • Year Built: 2005
  • Special Features: None

Interior Features

  • Water Heater: Electric
  • Basement Type: Crawl Space
  • Above Grade Finished Sq Ft: 2500.00
  • Appliances: Dishwasher, Freezer, Generator, Microwave, Range / Oven, Refrigerator, Satellite
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 4
  • Fireplace: Electric
  • Interior Amenities: 1st Floor Master, Bath Master, Blinds, Bonus Room, Breakfast Bar, Ceiling Fan(s), Eat-In Kitchen, Formal Dining Rm, Garden Tub, Open Floor Plan, Pantry, Security System, Split Bedrooms, Sump Pump, Walk-In Closet(s)
  • Lot Sq Ft: 115869.60
  • Room Count: 9
  • Sewer Type: Septic Onsite
  • Total Sq Ft: 2500
  • Total Rooms: 7

Exterior Features

  • Exterior Features: Covered Porch, Enclosed Patio, Landscaped, Porch, Thermopane Windows, Vinyl Siding

Garage/Parking

  • Garage Type: Detached
  • Garage Spaces: 2
  • Garage Yn: Yes

Utilities

  • Cooling Type: Central Air
  • Fuel Type: Electric
  • Heat Type: Forced Air, Heat Pump
  • Water Type: Public Onsite

Schools

  • School District: East Washington

Lot Info

  • Acres: 2.6600
  • Lot Description: Adj River/Stream/Crk, Gated Entry, Park-Like View, Scenic View, Secluded Lot, Wooded Lot

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 17, 2018
Closed on
May 31, 2018
Sold by
Bussey Brooke N
Bought by
Cook Benjamin M
Seller's Agent
Laura Watkins
Watkins Real Estate Solutions
Buyer's Agent
Chris Thompson
Keller Williams Realty Consultants
List Price
$199,900
Sold Price
$199,900
Total Days on Market
1
Current Estimated Value
$305,974

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$106,074
Avg. Annual Appreciation
6.23%
Original Mortgage
$196,278
Interest Rate
5.5%
Mortgage Type
FHA

Purchase Details

Listed on
Apr 11, 2014
Closed on
Jun 26, 2014
Sold by
The New Washington State Bank
Bought by
Bussey Brooke N and Bussey Patrick R
Seller's Agent
Mary Finkle
Mainstreet REALTORS
Buyer's Agent
Kelly Tillett
Green Tree Real Estate Services
List Price
$184,900
Sold Price
$178,500
Premium/Discount to List
-$6,400
-3.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.92%
Original Mortgage
$175,266
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 17, 2013
Sold by
In
Bought by
The New Washington State Bank

Purchase Details

Closed on
Jun 24, 2008
Sold by
Jjc Hunting Club Llc
Bought by
Carroll Robert K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$18,000
Interest Rate
6.42%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Cook Benjamin M $199,900 --
Cook Benjamin M $199,900 Agency Title Inc
Bussey Brooke N -- Executive Title Company
The New Washington State Bank $50,000 --
The New Washington State Bank $100,000 None Available
Carroll Robert K -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cook Benjamin M $191,916
Closed Cook Benjamin M $196,278
Previous Owner Bussey Brooke N $175,266
Previous Owner Carroll Robert K $18,000
Previous Owner Jjc Hunting Club Llc $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2018 05/31/18 Sold $199,900 0.0% $80 / Sq Ft
04/18/2018 04/18/18 Pending -- -- --
04/17/2018 04/17/18 For Sale $199,900 +12.0% $80 / Sq Ft
06/26/2014 06/26/14 Sold $178,500 -3.5% $70 / Sq Ft
04/29/2014 04/29/14 Pending -- -- --
04/11/2014 04/11/14 For Sale $184,900 -- $73 / Sq Ft
Source: Southern Indiana REALTORS® Association

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $3,860 $218,600 $26,600 $192,000
2023 $3,886 $212,000 $26,600 $185,400
2022 $3,895 $202,000 $26,600 $175,400
2021 $1,908 $181,300 $26,600 $154,700
2020 $1,642 $166,200 $26,600 $139,600
2019 $1,573 $163,600 $26,600 $137,000
2018 $1,471 $159,400 $26,600 $132,800
2017 $1,333 $162,300 $26,600 $135,700
2016 $1,039 $146,400 $26,600 $119,800
2014 $1,093 $156,400 $26,600 $129,800
2013 $1,015 $151,800 $26,600 $125,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southern Indiana REALTORS® Association

MLS Number: 201808174

Southern Indiana REALTORS® Association

APN: 88-25-09-000-026.002-004